CHASING THE DREAM: Building Family Assets

CHASING THE DREAM: Building Family Assets

Originally aired May 20, 2016 on NM PBS, NM In Focus – Last Friday, PBS, New Mexico in Focus, & correspondent Megan Kamerick brought us an inside look at the IDA Program and the Child Savings Accounts program and how participants have seen changes in their lives that go far beyond greater financial security. Highlighted are some individuals and families in New Mexico that are using, or...

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Sharon is Movin’ on UP!

Sharon is Movin’ on UP!

After 12 years of leadership with Prosperity Works, Senior Vice President, Sharon Henderson has taken a job in Washington DC!   The contributions that she has made to asset development in NM and the Nation have been immeasurable! We might even call her the mother of Individual Development Accounts (IDA’s) in New Mexico because she not only wrote our state’s legislation, she designed,...

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UPDATE: THANK YOU ~ WITH YOUR HELP, SM 27 PASSED THE FLOOR!!

UPDATE: THANK YOU ~ WITH YOUR HELP, SM 27 PASSED THE FLOOR!!

We have just learned that Senate Memorial 27, a proposition to study Low Interest Loans for State Employees, has passed the floor! This could not have been possible without the help of our sponsor, Sen. Ortiz y Pino,  the NM Senators that helped this action pass, and the community support that all of you so graciously provided with your emails and calls for support. This is a monumental step in...

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THANK YOU! SM-27 passes Rules Committee!

THANK YOU! SM-27 passes Rules Committee!

Senate Memorial 27 asks the state personnel office to study adding affordable loans to their employee benefits plan.  It will be heard in Public Affairs at 2:30today in Room 321.  It got a do pass recommendation by a 6-3 vote in Senate Rules yesterday. About 4,500 state workers with low credit scores use storefront and internet loans averaging 300% interest.  Turnkey services are...

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Homes For The Holidays

Homes For The Holidays

Home ownership remains at the heart of the American dream. This past September, Dahlia Christen-Ohoiwutun, her husband Michael, and their children Nomi, Brandyn, & Tara became the owners of a brand new home in Santa Fe! The Christen-Ohoiwutun family participated in Prosperity Works’ IDA Program and the Santa Fe Habitat For Humanity’s program to reach this amazing milestone.  They also...

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A Yellow House with a Blue Door

A Yellow House with a Blue Door

My Journey to Home Ownership In August of 2010, my mother called to tell me she’d signed us up for a Homebuyer Education class through ECHO. I thought my mother had lost her marbles because she already owned a home and I was a single mom with no credit to speak of so there was no way in the world I was going to become a homebuyer. Rather than tell my mom she was crazy, though, I went to the...

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Home Sweet Home

Home Sweet Home

As we are right in the middle of the holiday season, Prosperity Works shares Vanessa’s story as a testimony to the strength of personal vision, hard work with family savings, and building a future of hope for children.  Please consider donating toward securing a home for five more families in 2014.  Consider donating $50, $100, or $500.  Your donation will immediately be multiplied 1.5 time,...

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NM’s IDA Businesses!

NM’s IDA Businesses!

Like many New Mexicans facing layoffs since the recession, Sally Moore found herself unemployed when funding was cut from her organization.  And like many New Mexicans, Sally decided it was time for something new… She was familiar with the IDA initiative; she had previously helped low income families utilize the match savings accounts to help purchase homes, go to school, or start a...

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Dreams for the Holiday…

Dreams for the Holiday…

Charity Norman grew up in Farmington, and has dreamed of owning a home in northwest New Mexico since she was a little girl.  She works for Human Services in the Child Support Division, and meets single mothers that have the same dream every day.   For the past year, she has secretly kept floor plans in her office as a constant reminder of her goal. Charity and her three sons had lived in a...

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CNM Student succeeds with an IDA

CNM Student succeeds with an IDA

Darrold Morris (a.k.a. Chef Deezie) remembers back to the time when his mom passed away from cancer, his life was changing, and all around him people were talking about going back to school and looking toward a brighter future.  A door opened for Darrold, when he was introduced to the IDA Program, at CNM by a friend.  As with any offer, he was interested, yet had his doubts. At that time he was...

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